Asian Development Bank Backs 3 VC Funds With $60M
The Asian Development Bank will invest $60 million to help set up three venture funds dedicated to new climate change technologies, the bank announced Monday. The funds will primarily target companies in China and India. ADB is injecting $20 million each into the three funds: Aloe Environment Fund III, Keytone Ventures II, and VenturEast Life Fund III.
Bycnolan
23 May 2011•3 mins read
